India’s Leading BFSI and FinTech Companies 2022

122 Advertorial India’s Leading BFSI and FinTech Companies 2022 TVS Credit Services Limited About the Company TVS Credit Services Limited (TVS Credit) is a part of the TVS Group. TVS Credit was incorporated in November 2008 and is registered with the Reserve Bank of India as a Non-Deposit taking Non-Banking Finance company. TVS Credit finances two-wheelers, new tractors, used tractors, used cars, consumer durables, MSME loans, instacard, etc. It caters largely to rural customers who have little or no access to bank financing. The company has points of presence in over 4,000 locations and over 130 area offices located throughout India. Business Operations TVS Credit is engaged in providing services such as two-wheeler loan, used car loan, tractor loan, consumer durable loan, InstaCard, used commercial vehicle loan and three-wheeler loan. Other services include provisions of business loan, namely, balance transfer loan, loan against machinery, loan against property, unsecured business loan, working capital loan among others. TVS Credit is a captive finance company and a step- down subsidiary of TVS Motor Company Ltd. TVS Credit continued to be the leading financier for TVS Motor Company Ltd. TVS Credit has maintained a cushion of 2-4% over the regulatory minimum capital ratio in the past few years. Over a period of time, TVS Credit has enhanced its focus on analytics and adjusted its credit assessment engines to ensure that the customer selection is in line with the risk appetite of the organization. Furthermore, the entity has been focussing on diversifying its asset base across a slew of retail-focussed products and expand its geographical presence aided the company to mitigate the impact of the slowdown in the economy. Few Notable Highlights of TVS Credit • The Company has expanded its presence to 25 states, which has resulted in its portfolio being well diversified. • TVS Credit implemented theAD-Diya App, which enables self on-boarding of customers by its associate dealer partners. This initiative has assisted TVS Credit to grow its network in lower penetrated areas. • With sharp focus on recovery and collections, TVS Credit successfully touched 100% mobile application usage penetration within its collections team. • The company crossed book size of ` 10,000 Cr in FY21. The AUM of around ` 11,200 Cr was recorded, which was spread across two-wheeler loans, tractor loans, consumer durable loans, used commercial vehicle loans, used car loans, three-wheeler loans, business loans and personal loans. • TVS Credit reported a healthy rise of 13% in disbursements to ` 8,627 Cr in FY21, on account of strong growth in tractor loans, consumer durable loans and business loans. • Performed cross selling to its existing customers to the amount of ` 536 Cr in FY21, a rise of 2% from the previous year • TVS Credit integrated systems with select ecosystem partners to enable instant flow of leads from the partners’ system to the Company’s Lead Management System. The company further initiated mobility solutions for business loans products such as term loans, overdraft & invoice financing with speedy sanctions. • The company undertook certain initiatives pertaining to the expansion of business, analytics, automation, collections and human resources, which would further enhance the efficiency and resilience of the business Mr. Venkatraman G Chief Executive Officer Dun & Bradstreet D-U-N-S® No 86-346-1637 Jayalakshmi Estates, 29, Haddows Road, Nungambakkam, Chennai - 600006, TN www.tvscredit.com Management Details Chairman Mr. Venu Srinivasan Chief Executive Officer Mr. Venkatraman G Directors Mr. Sudarshan Venu Mr. R Gopalan Mr. K N Radhakrishnan Mr. V Srinivasa Rangan Mr. B Sriram Ms. Kalpana Unadkat (As on Mar 31, 2021) Financials ( ` Mn) Total Income Total Assets Net Profit 22,409.3 122,258.5 969.8 TI Growth (%) Assets Growth (%) NP Growth (%) 12.1 18.9 (35.6) Key Ratio (%) Net Profit Margin Return on Assets 4.3 19.9 Dun & Bradstreet